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Schroder Investment Management Group Buys 14,911 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Chunghwa Telecom logo with Utilities background
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Schroder Investment Management Group boosted its holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) by 2.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 650,358 shares of the utilities provider's stock after buying an additional 14,911 shares during the period. Schroder Investment Management Group owned approximately 0.08% of Chunghwa Telecom worth $24,662,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Sierra Ocean LLC acquired a new position in shares of Chunghwa Telecom in the 4th quarter valued at $54,000. GAMMA Investing LLC boosted its holdings in Chunghwa Telecom by 71.4% during the fourth quarter. GAMMA Investing LLC now owns 3,085 shares of the utilities provider's stock worth $116,000 after buying an additional 1,285 shares during the last quarter. R Squared Ltd acquired a new position in shares of Chunghwa Telecom during the 4th quarter worth about $127,000. V Square Quantitative Management LLC increased its stake in shares of Chunghwa Telecom by 31.0% in the 4th quarter. V Square Quantitative Management LLC now owns 4,065 shares of the utilities provider's stock valued at $153,000 after acquiring an additional 961 shares during the last quarter. Finally, Lindbrook Capital LLC raised its position in shares of Chunghwa Telecom by 35.6% in the 4th quarter. Lindbrook Capital LLC now owns 5,257 shares of the utilities provider's stock valued at $198,000 after acquiring an additional 1,379 shares during the period. 2.11% of the stock is owned by institutional investors.

Chunghwa Telecom Trading Down 2.7 %

Shares of CHT traded down $1.04 during trading hours on Monday, reaching $37.76. The stock had a trading volume of 175,958 shares, compared to its average volume of 95,031. The firm has a 50-day moving average of $38.90 and a 200 day moving average of $38.41. The company has a quick ratio of 1.29, a current ratio of 1.47 and a debt-to-equity ratio of 0.06. The company has a market cap of $29.29 billion, a P/E ratio of 25.34, a P/E/G ratio of 21.42 and a beta of 0.22. Chunghwa Telecom Co., Ltd. has a 52 week low of $35.92 and a 52 week high of $40.62.

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Chunghwa Telecom (NYSE:CHT - Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The utilities provider reported $0.36 earnings per share (EPS) for the quarter. Chunghwa Telecom had a return on equity of 9.53% and a net margin of 16.18%. On average, sell-side analysts expect that Chunghwa Telecom Co., Ltd. will post 1.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Chunghwa Telecom from a "hold" rating to a "buy" rating in a report on Monday, March 17th.

Read Our Latest Analysis on CHT

Chunghwa Telecom Company Profile

(Free Report)

Chunghwa Telecom Co, Ltd., together with its subsidiaries, provides telecommunication services in Taiwan and internationally. It operates through Consumer Business, Enterprise Business, International Business, and Others segments. The company offers local, domestic long distance, and international long distance fixed-line telephone services; mobile services such as prepaid and postpaid plans; broadband plans; and internet and data services.

Further Reading

Institutional Ownership by Quarter for Chunghwa Telecom (NYSE:CHT)

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